SETTLEMENT AGREEMENTSettlement Agreement • January 13th, 2016 • Viropro Inc • Patent owners & lessors
Contract Type FiledJanuary 13th, 2016 Company IndustryTHIS SETTLEMENT AGREEMENT (this “Agreement”) is dated this 8th day of January, 2016 (the “Execution Date”), by and between VIROPRO, INC., a Nevada corporation (the “Company”) and MAGNA EQUITIES II, LLC (f/k/a Hanover Holdings I, LLC), a New York limited liability company, and its affiliates (the “Holder”) (each a "Party" and collectively the "Parties"). Capitalized terms not defined herein shall have the meaning as set forth in the Transaction Documents (as defined below).